BCR has granted a €18.5 million loan to Italian Alerion Clean Power for the construction of a 35 MW photovoltaic project in Călăraşi county

The loan has a maturity date of 2040, and the total value of the investment amounts to €26.8 million, according to BCR representatives. The solar park is estimated to generate an annual output of 51,000 MWh.

In Romania, the Italian group has so far developed several wind farm projects in the localities of Auşeu-Borod, Vrani, Jimbolia and Sânnicolau Mare.

In 2024, the Alerion Group began production at two new photovoltaic power plants in Romania, in the municipality of Periş, each with an installed capacity of approximately 6 MWp.

“We are pleased to consolidate our presence in Romania, a country that has significant potential for the development of clean energy. This new project represents an important step in Alerion's commitment to expanding its renewable energy portfolio across Europe,” said Josef Gostner, President & CEO of Alerion Clean Power.

Clifford Chance Badea provided legal advice to BCR in this deal.